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Real Estate Agency Seeking Loan in Lewes, United States

Real estate leads platform in USA generating $3M revenue/year, 15,000 active clients, 85,000 leads database.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 2.8 million
Run Rate Sales USD 2.8 million
EBITDA Margin 25 %
Industries Real Estate Agencies + 1 more
Locations  Lewes
Local Time 2:12 PM America / Chicago
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 364 thousand for 12.0% annual interest, 2 years (Native Currency: UAH 15,000,000)
Reason: Seeking funds for market and client expansion. The sought transaction amount is what is needed for ... View More
Collateral Available: USD 1.21 million
Includes physical assets worth USD 121 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Real estate leads selling platform with a focus on helping individuals buy or sell properties across the United States.
- The company has generated over $3 million in revenue, boasts 15,000 active clients, and has secured 4,000 recurring customers.
- With a database of 85,000 leads and a daily delivery of 200 leads, the platform effectively targets motivated property sellers across the US.
- Most of the properties listed are residential.
- The business model is diversified, catering to both B2C and B2B clients. B2C clients are individual property owners who like to have their properties listed and B2B are the real agencies.
- B2C clients pay for each lead, starting at $29/lead, while B2B clients subscribe due to their multiple property listings.
- The platform provides pre-screened leads, offering valuable information such as the city, state, seller's reason for selling, and necessary repairs, enabling informed decision-making for potential buyers.
- The company's technology rapidly connects buyers with sellers, facilitating quick offers and informed decision-making, supported by a team that guides clients through the entire process.
- In addition to its 30 permanent employees, the company has contract employees in Europe, Ukraine, and India.
Products & Services Overview
Real estate leads selling platform.
Business is both B2C and B2B.
B2C clients are individual property owners who like to have their properties listed and B2B are the real agencies.
B2C clients pay for each lead, starting at $29/lead, while B2B clients subscribe due to their multiple property listings.
Assets Overview
Physical assets include IT and other office equipment such as computers, high end servers, etc.
Intangible assets include In-house created software application and website.
Facilities Overview
Operating from a rented office in Lewes, Delaware.
However, most of the business is run virtually so the overheads are minimal.
As we expand the business, we would have to lease a bigger facility.
Capitalization Overview
The business is funded through personal funds.
The company has 2 directors with equal shareholding and has a business loan of USD 250,000.
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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